BP Chief Executive Bob Dudley
London – Oil Company BP said it was investigating a possible wrong doing after a whistleblower sent a letter making serious allegations to Chief Executive Bob Dudley.
The Daily Telegraph newspaper reported earlier the details of the probe. It said that the allegations were related to the company’s tanker chartering division and that a copy of the letter was also sent to the Serious Fraud Office.
Western oil companies say they have in place a set of procedures to ensure employees do not engage in corrupt activities, but the fact their operations are in many countries with weak legal systems, means that violations can occur. BP said last year that it dismissed 552 people for non-compliance and unethical behaviour in 2010.